Recent content by TSCMS

I was trying to sell this site a couple of years ago, builders wouldn't touch it due to inclusionary zoning,.this site requires 6% to be. It's a "B" site at best and builders want an 8 minute or less walk to a Subway or GO. 36 Zora is now an Airbnb approved condo hotel, area is going to shit.

The biggest challenge for the site is not density as they have not applied for anything over what's currently allowed to 3x. The issue is the 3 bed, minimum 1000 sqft requirements, it's handcuffing a lot of developers. Why would someone buy a 3 bed condo at over 1.2 mill when the housing in the...

This builder knew exactly what the zoning was and ignored it. The Queensway has never been approved for anything greater than 10 storeys, this was pure arrogance and greed on the builders part at the disregard of the purchasers.

Every builder with the exception of a couple always sell before SPA is granted. Builders can't wait 3-5 years for municipality to make a decision. If they did you would much higher pricing.

The fact that they were only pouring the second floor deck when LPAT decision came in, it's not that surprising.

This is not the City's doing. This builder knew and knows how restrictive The Queensway is and all other Ave's in Toronto for density and height, not sure why he thought he could change what's been in existence for more than a decade. Just arrogance.

This particular developer already knew what zoning and density restrictions were in place as they built Qube Condos just a couple blocks away. This is just arrogance on the builders part thinking they could could change a site specific zoning plan that's been in place for over a dozen years and...

It's interesting that they are this far already and LPAT has yet to post their decision.

Couldn't agree more. Unfortunately this site got caught up in the relief line debate and since they didn't make a decision until late 2018, the costs were getting out of hand. They should have never accepted a site plan application for that location knowing that they hadn't made a decision yet...

Lol, just 1 building is 845 units, add another 542 units in 4 more buildings, 300 in another, 230 another , 130 in another, plus 600 or so at Kipling and Queensway, old Audi dealership. Life will be fun on The Queensway! ?

I was the one who sold it for the developer.

Between Kipling and Royal York there are 13 buildings alone that I know of coming to market, should be a real shit show for traffic.

At the end October 2019 they still hadn't received SPA. That's a pathetic performance by the city if you ask me, 4 years and still no approval for a 16 unit building.

City took way too long to even get close to approving the site. With the uncertainty of where the relief was going to go, Pape or Carlaw. By the time they decided Carlaw, it was already 2 years since it sold out. Then with the changes looming on the education portion of the Development charges...

Project cancelled!